Uber's top engineer is leaving the ride-hailing giant as the coronavirus throws its core taxi business into turmoil
Uber's chief technology officer and longest-serving executive, Thuan Pham, has resigned effective May 16, the company said Tuesday, as it reportedly mulls further cost-cutting to weather the coronavirus pandemic.
"While the work is never done, I feel comfortable hanging up my hat at a time when the Uber Engineering team is at peak productivity, we have built robust system scale and stability, and are well prepared to face the future," he said in afiled with the Securities and Exchange Commission. "This has been a labor of love for me, and I am so proud of what we have done as a team."
Pham joined Uber as CTO in 2013 under ousted founder and former CEO Travis Kalanick, who exited the company's board after selling his remaining stake in December 2019.that the company was considering further layoffs of up to 5,400 people, citing a person familiar with the matter who said the plan was not yet confirmed. The layoffs could represent up to 20% of Uber's 27,000-strong workforce and could save the company up to $1 billion in expenses, according to The Information.
In recent weeks, hundreds of open jobs have disappeared from Uber's career webpage, which now shows zero open roles at the company. As the coronavirus pandemic precipitated shelter-in-place orders throughout most of the world, Uber's core ride-hailing business
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New York's Daily COVID-19 Deaths Below 400 For First Time In AprilGov. Andrew Cuomo largely attributed the decline in deaths to the efforts of New Yorkers adhering to social distancing, saying his role was to provide 'facts' to New Yorkers who were willing to act responsibly.
Read more »
Planting trees could help this city prevent 400 premature deathsMany cities worldwide are planting trees to help fight climate change and improve our well-being. New research has put a number on just how many premature deaths the US city of Philadelphia could prevent if it sticks to a pledge to increase tree cover in the city.
Read more »
Amazon, Tesla, Uber workers criticize companies' COVID-19 response - Business InsiderAmazon employees say they're scared to go to work, but they're not alone — here are 8 big companies facing worker criticism over their coronavirus safety response
Read more »
Amazon, Tesla, Uber workers criticize companies' COVID-19 response - Business InsiderAmazon employees say they're scared to go to work, but they're not alone — here are 8 big companies facing worker criticism over their coronavirus safety response
Read more »
Large companies returning their small business loans amid backlash - Business InsiderPublicly traded companies are now required to return loans under the Paycheck Protection Program. Private ones like Sweetgreen are returning them too.
Read more »
Lord & Taylor quietly deleted social accounts amid bankruptcy rumors - Business InsiderA Lord & Taylor spokesperson told Business Insider 'the company is working through various options at this time and is declining to comment.'
Read more »